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Weekly Roundup: Dec 5
Weekly Roundup: Dec 5

Weekly Roundup: Dec 5

Madison Condon on climate change and externalities-thinking, Colleen Carrol on MAGA’s attempt to outflank democrats on college affordability, and Alvin Velazquez and Christopher Hampson on what LPE and the Bible have in common. Plus, Zephyr Teachout on the rise of MLMs, Susannah Glickman and Nic Johnson on the political economy of Trump’s second term, David Dayen on algorithmic pricing, an interview with Stuart Schrader on policing, Paul Kelleher on whether Coase can be reclaimed for LPE, a new report on the political economy of the US media system, and hot new articles on tax base fragmentation and the radical roots of the representative jury.

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Is Climate Change an Externality?

Environmental harms are often cast as externalities, even by those seeking to emphasize their urgency. Yet the major modern environmental statutes, written before America’s neoliberal turn toward Coasean thinking, expressly rejected the use of economic analysis in designing pollution regulation. What does this history teach us, and how might our thinking shift if we rejected the idea that climate change is best thought of as an externality?

What Can Politics Make of Nature?

Alyssa Battistoni’s Free Gifts argues that capitalism limits our freedom to decide how to value the nonhuman world. Politics, as the domain in which we choose the terms of our collective life, has a special role to play in moving beyond these limitations. But what is Battistoni’s conception of politics, and how big is the effective space that the turn to politics opens up for such choice?

LPE Without Borders: Lessons from the Global South

Law and political economy scholarship, immersed in a particular history of Northern law and capitalism, has tended to focus on US law and policy, with occasional excursions into Europe. But in a world where imperialist ideas and technologies tend to circle back to the metropole, and where the periphery appears to be the future of the center, the Global South has much to teach LPE about law, capitalism, and development.

When Nature is Worthless

Under capitalism, the social domination of nature occurs through and is mediated by the commodity form. Certain portions of non-human nature can be valued, but only when they are transformed into commodities in the course of the capitalist production process. Other portions are not even commodifiable; the biological and physical processes subtending our existence are largely illegible to capitalist subjects qua capitalist subjects, and so are ignored or disdained even as they collapse.

In the Shadow of Commodification

While capitalism is typically said to commodify everything, much of what makes up our world isn’t commodified at all. It instead appears as a free gift: a social form that describes the condition of usefulness lacking value. The idea of the free gift can give us a deeper understanding of the environmental problems that plague contemporary capitalism. It can also help us better understand capitalism itself.

Movement Law Under Fascism

As fascist tendencies intensify across the United States, social movements continue to organize against the forces of state repression. Legal scholars must stand with these movements, grounding our analysis in struggle and supporting those fighting on the frontlines with our relative social power and institutional resources.

Recent

The Dark Doppelganger of Affordable Higher Education

In the Compact for Academic Excellence in Higher Education, the Trump administration included a brilliant bit of faux-populism: a five-year tuition freeze. The proposal creates the illusion that the right is taking decisive action to address affordability, while obfuscating its larger plan to abandon higher education as a public good. To prevent MAGA from. . .

Weekly Roundup: Nov 21

Alyssa Battistoni on the free gifts of nature, Rob Hunter on value form theory and the accelerating climate crisis, and Reshard L. Kolabhai on what LPE can learn from the Global South. Plus, a CFP on Lawyering Without the Law, Advait Arun on the capital structure of the AI sector, Sabeel Rahman on the case for a third reconstruction, Brett Christophers on. . .

Weekly Roundup: Nov 14

Vanessa Williamson on oligarchy and taxation, and Elle Rothermich on the commodification of hospice care. Plus, Kate Redburn on Skrmetti, LPE Night School on municipal power, Claire Kelloway on public grocery projects, Cassie Powell on private equity’s move into mobile home parks, Jacob Udell and Routhy Gourevitch on the multifamily rental. . .

Hospice Commodification and the Limits of Antitrust

As hospice care is increasingly dominated by private equity firms, an antitrust response, while necessary, has the potential to normalize the language of the market as the default mode for discussing healthcare reform. Hospice demonstrates what is lost when healthcare is described as a mere economic exchange, and Medicare’s per diem hospice benefit harbors. . .